Nedbank Group Ltd: Financial Updates and Achievements

Updated Economics for NELN09 and NWF012

On July 15, 2025, Nedbank Limited announced further details regarding the updated economics for the NELN09 and NWF012 notes. This update is pertinent for noteholders who did not opt for the Noteholder Early Redemption Election as outlined in the respective pricing supplements for NELN09 and NWF012. The announcement follows an initial release on April 25, 2025, and provides final economic adjustments for those remaining invested in these notes. This development is crucial for investors seeking clarity on the financial implications of their holdings.

Nedbank Crowned Top SME Bank in South Africa

In a significant achievement, Nedbank has been recognized as the top bank for small and medium enterprises (SMEs) in South Africa for the fourth consecutive time. This accolade follows a series of international awards in 2024, further solidifying Nedbank’s reputation as a leading financial institution for SMEs. The recognition underscores Nedbank’s commitment to supporting the growth and development of small and medium-sized businesses, both domestically and internationally.

Financial Overview

As of June 19, 2025, Nedbank Group Ltd, listed on the Frankfurt Stock Exchange, had a close price of 11.8 EUR. The company’s market capitalization stood at approximately 5.49 billion EUR. Over the past year, the stock price fluctuated between a 52-week high of 16.1 EUR on December 9, 2024, and a 52-week low of 10.3 EUR on April 9, 2025. The price-to-earnings ratio was recorded at 6.68576, reflecting the company’s financial health and investor sentiment.

Nedbank’s Role in Sustainable Agriculture

In a recent discussion, Herman de Kock, Executive Head of Nedbank Mid Corporate, emphasized the importance of sustainability as a strategic business tool in the agricultural sector. This conversation highlights Nedbank’s ongoing efforts to integrate sustainable practices into its business model, supporting environmentally responsible agriculture and contributing to long-term economic growth.

Goldman Sachs International Listings

In related financial news, Goldman Sachs International announced new listings on the Johannesburg Stock Exchange (JSE) under the Series P Programme. These listings include GS074C, GS075C, and GS081C, with nominal amounts of ZAR 100 million each, effective from July 16 and 15, 2025, respectively. These developments reflect ongoing activities in the financial markets, with Goldman Sachs expanding its presence on the JSE.

Nedbank Group Ltd continues to demonstrate its strength and adaptability in the financial sector, with strategic initiatives and recognitions that reinforce its position as a leading financial institution.